Are loans a good idea for education?

Is education loan is best thing for poor students or not?

Answer #1

Contact your guidence counselor as soon as possible. You have many options. If you can get grants or scholarships, that’s great and it doesn’t saddle you with debts to pay back. Your state senators and representatives often have resources to help.

In reality it will take a combination of grants, loans, work programs, and personal loans.

Good Luck !!

Answer #2

its the best thing if you have a secure future like if you r doing MBBS or if you r in a premier engg college… But not if you are not sure about your career prospects…You may struggle to repay the loan

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